[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.06.11 10:09
• [Import and export to the Belt and Road increased by 13.6% in the first five months]
• In the first five months of 2026, China's import and export to countries jointly building the the Belt and Road totaled 10.57 trillion yuan, a year-on-year increase of 13.6%. The total value of China's goods trade during the same period was 20.68 trillion yuan, an increase of 15.3%.Editor/Gao Xue

• 2026.06.11 10:05
• [Northeast high latitude solar thermal power station will be put into operation]
• The 100000 kilowatt solar thermal project of CGN Jixi Base has entered the stage of grid connection sprint. This is the first tower type molten salt solar thermal power station in Northeast China and the highest latitude in the world. After being put into operation, it generates 180 million kilowatt hours of electricity annually and reduces carbon dioxide emissions by 130000 tons annually.Editor/Gao Xue